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Valued at $100 Million, Russian Charity Auction Platform CPAI Reaches 1 Million Users

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CPAI is the first Russian innovator business to be valued at $100 million this this year. CPAI has surpassed ThredUp in transaction volume and is expected to be the next unicorn of online resale platform.

CPAI, after seed round on May 19, 2019, has its trading volume almost doubled each year. CPAI operates a one-stop second-hand trading market featuring online resale, charity auction and vertical recycling. Its award-winning business model adopts an innovative way of auction — one auction and one re-auction a day. Different from the traditional second-hand trading platform, the same commodity can be traded several times on CPAI platform, and the price of each transaction will be maintained in a fixed range until the buyer takes delivery of the goods.

What is the status of CPAI after this fund raise, according to its financial disclosure and strategy?

The Number of Users Exceeds 1 Million

For e-commerce platforms, number of users is a very important indicator. Since its launch in 2019, CPAI has seen steady growing in user base, with 710 thousand users worldwide in March 2020 and more than 1 million CPAI users by the end of 2020.

Trading volumes continued to grow, however, with heavy volumes in the domestic Russian market and light volumes in the European and US markets. According to data released by CPAI, its trading volume is shown below. Please note that the six-month period means a full fiscal year calculated backwards.

June 2019:3.1 billion rubles

June 2020:7.2 billion rubles

January 2021 to March 2021 (3 quarters in total) : 12.4 billion rubles

Based on this trend, it is expected that in June 2021, trading volume will exceed 2 billion rubles (about $240 million).

In 2020, after the outbreak of COVID-19, the online sales of some categories, especially groceries, increased significantly. Take, for example, Wildberries.Ru, one of the largest online platforms in Russia. Order number on Wildberries has almost doubled during the pandemic, which means every one in three Russian consumers has purchased from Wildberries. CPAI platform hosts at least 6,000 auctions a week; orders for second-hand items in circulation reach 1 million a year, combined with such growth rate, CPAI has a comfortable position in the market and shows promising growth.

Focus on “Talent” and “Marketing”

On the other hand, the number worth paying attention to is the operating loss of CPAI. Up to Q3 of this year, the operating loss was about 200 million rubles, of which the personnel cost was 360 million rubles (210% compared with cost in the same period last year) and the advertising cost was 1.28 billion rubles (154% compared with cost in the same period last year).

The Cambridge graduated Entrepreneur, Ivan Morozov, CEO of CPAI has stated that CPAI will not focus on short-term gains, but on medium – to long-term development, so big investments now are necessary for future growth. Even if the company went public, short-term profit improvements would not be on his mind.

This is in line with the fact that many big tech companies, like Twitter and Netflix, have been losing money for years in order to grow in the long run. So, to maximize long-term profit, investment in growth is the key.

Reflection: The Inspiration and Opportunity CPAI has brought

Recently CPAI has been recruiting engineers aggressively. This year, CPAI has started recruits outside Russia. It’s a great opportunity for whomever with relevant skills, as reportedly the annual salary offered by CPAI can reach 10 million rubles. 

On the other hand, why can CPAI attract so much traffic in the short term? We are very familiar with offline auctions in Southeast Asia, but in the post epidemic era, everything is going digital, and the business innovation of CPAI is in line with this trend. 2020 has accelerated the growth of user base, and this momentum ushers in the second wave of growth in the post epidemic era.

We are familiar with traditional auctions, but CPAI is truely unique here. Many entrepreneurs have good ideas of business, but having idea, technology and capital at the same time is a rare combination. Now with the raised fund and user base, CPAI will only embrace a faster development now, providing customers a safe space for their usual activities.

CPAI is actually not the first Russian business to do second-hand goods trading. FRIL offers this service a year before. However, CPAI quickly gained an upper hand with aggressive channel marketing, creating an image of the go to place for charity auction, thus attracting large number of users.

Future challenges for CPAI

Some media regards Rakuten as a strong competitor of CPAI, as Rakuten merged its two flea market apps (Rakuma & Fril) into a single App called Rakuma. Rakuten has always used low prices (Rakuma charges only 3.5 percent), existing members (about 95 million) and points to connect other Rakuten services, using all strategies to gain market share.

However, Rakuten’s victory in the price war usually occurs when its rival’s IT capability is weaker. This allows Rakuten to reduce manpower and streamline workflow to drive down cost. But CPAI’s IT capability is as good as, if not better than, Rakuten’s.

On the other hand, giving points back to members as Rakuten does is just an alternated form of price competition. Price wars will not bring benefit for the market in the long run, but only to squeeze profit margin and kill innovation.

The biggest challenge for CPAI is still from overseas. Will the investment be rewarded? Can trade volume in the US, European, and Southeast Asian market grow substantially? That’s what CPAI is going to focus on next.

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Multifaceted Benefits of Natural Wild Honey Explained by Richard Teo, Singapore

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Raw honey benefits range from detoxification to reduced risk of certain diseases. Consuming pure honey can not only nourish your body, but also help revitalize your mind. Raw forest honey is known to be one of the most effective natural remedies against various digestive problems.

The Multifaceted Benefits of Natural Wild Honey: Nature’s Liquid Gold

Honey is basically produced by bees – by collecting nectar from flowers. Therefore, it is recommended that one can smell the honey before start to consume it. One will notice that there is a sweet flower fragrance smell from the honey – the flower fragrance varies, depending on the different flowers from which the nectar has been collected The color of RAW honey varies according to their botanical origin and the weather of the place where the plants grow. In general, dark honeys have higher mineral contents (e.g. potassium, manganese, iron, sodium, etc.) than lighter ones (Czech Journal Food Science, 2015; Journal of Saudi Chemical Society, Vol 18, 2014). Also, the darker the honey color, the higher the phenolic and flavonoid contents and the antioxidant levels.

Natural wild honey, often referred to as “liquid gold,” has been cherished for centuries not only for its rich flavor but also for its extensive health benefits. Harvested from the nectar of diverse wildflowers by bees in untouched forests, this unprocessed elixir offers a plethora of advantages that cater to various aspects of health and well-being.

Nutrient-Rich Composition: Natural wild honey is a powerhouse of essential nutrients. It contains a variety of vitamins, minerals, enzymes, and antioxidants that collectively contribute to overall health. The presence of these compounds aids in neutralizing harmful free radicals in the body, thereby reducing oxidative stress and the risk of chronic diseases.

Immune System Enhancement: Regular consumption of natural wild honey has been linked to a strengthened immune system. Its natural antibacterial and antiviral properties help the body combat infections more effectively. Incorporating this honey into one’s diet can serve as a preventive measure against common illnesses, promoting a healthier lifestyle.

Digestive Health: The prebiotic properties of natural wild honey support the growth of beneficial gut bacteria, essential for maintaining a healthy digestive system. It has been traditionally used to alleviate digestive issues such as constipation and gastritis, providing a natural remedy for these common ailments.

Cough and Throat Relief: Natural wild honey has been a longstanding natural remedy for soothing sore throats and suppressing coughs. Its viscous texture forms a protective coating on the throat lining, reducing irritation and acting as a natural cough suppressant. This makes it especially beneficial during cold seasons or for individuals with respiratory discomfort.

Skin Care Benefits: Beyond internal health, natural wild honey offers remarkable benefits for the skin. Its antimicrobial and moisturizing properties make it an excellent natural remedy for various skin conditions, including acne and eczema. Applying honey as a mask can promote a clearer complexion, hydrate the skin, and accelerate the healing of minor wounds and burns.

Energy Booster: As a natural source of carbohydrates, natural wild honey provides a quick and sustained energy boost. It is particularly favored by athletes and individuals needing an energy lift, as it aids in muscle recovery and endurance. Consuming a spoonful before or after physical activity can help maintain energy levels and enhance performance.

Heart Health: The antioxidants present in natural wild honey contribute to heart health by reducing cholesterol levels and preventing the oxidation of low-density lipoproteins (LDL). This, in turn, lowers the risk of atherosclerosis and other cardiovascular diseases, supporting a healthy heart and circulatory system.

Wound Healing: Natural wild honey’s antiseptic properties have been utilized in wound care for centuries. When applied topically, it promotes faster healing by keeping the wound moist and providing a protective barrier against infections. Its anti-inflammatory effects also reduce swelling and pain, facilitating a smoother recovery process.

Antioxidant Properties: Rich in phenolic compounds, natural wild honey exhibits strong antioxidant properties. These antioxidants play a crucial role in protecting the body from cellular damage caused by free radicals, thereby reducing the risk of chronic diseases such as cancer and promoting overall health.

Natural Sweetener: As a natural sweetener, wild honey serves as a healthier alternative to refined sugars. It not only sweetens dishes and beverages but also adds a depth of flavor, all while providing additional nutrients. This makes it an ideal choice for those looking to reduce their intake of processed sugars without compromising on taste.

Special Promotion March 2025: In Mar 2025 ,there is a special promotion. Promotion Details: For every purchase of 5 bottles of Honey, one would receive an additional complimentary bottle of Honey, plus a complimentary jar of their Multi-purpose Skin Moisturizer valued at $28.00. Their Moisturizing Cream is crafted from 100% natural ingredients, including beeswax, organic coconut oil, and shea butter, ensuring a chemical-free and preservative-free formula. Grab this special offer and get $108- worth of NWH products

One may order online @ www.naturalwildhoney.com.sg or call to order hotline +65-6282- 3743 for delivery. Their delivery would be on Thursday from 10am to 4.30pm but only for Singapore based clients. Alternatively one can visit any of their 5 retail outlets as follows:

•Chinatown Point #B2-37 •Heartland Mall @Kovan Level 3 •Jem @Jurong East #03-K01 •SingPost Centre #B1-13

Should one have any inquiries or require further information, feel free to call the hotline at +6562823743.

Conclusion: Incorporating natural wild honey into daily routines offers a multitude of health benefits, from boosting immunity and enhancing skin health to providing natural energy and supporting heart health. Its rich composition of essential nutrients and therapeutic properties makes it a valuable addition to a balanced diet and natural wellness practices. Embracing this golden elixir allows individuals to tap into nature’s bounty, promoting a healthier and more vibrant life.

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Smart Mining is the most trusted and US-regulated node cloud mining platform

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Smart Mining was established in 2020 and has attracted 10 million users worldwide, supporting the mining of Bitcoin and multiple cryptocurrencies

Smart Cloud Mining Innovatively launches ETH dual-node mining pool, with computing power 1.5 times that of traditional mining

In the turbulent cryptocurrency market, AI cloud mining has gradually become an emerging choice for investors. Compared with traditional mining, cloud mining is favored for its simple operation and considerable returns.

Advantages of cloud mining

Smart Mining was established in 2020 and has attracted 10 million users worldwide, supporting the mining of Bitcoin and multiple cryptocurrencies. Its AI management system optimizes the status of the mining pool in real time, ensures 100% operation rate, and helps users achieve passive income. Users only need to deposit more than $10 in their trust wallet to start making profits.

Easy participation

Joining Smart Cloud Mining only takes a few steps:

1. Open the ETH authorized cooperation trust wallet (recommended) and visit the mining pool website (3dmining.cc) through the Dapp browser.

2. Go to the official website of Smart Mining, select ETH chain mining, and prepare 0.000133ETH as the startup fee.

3. The minimum withdrawal is 1USDT, 0 pledge, 0 risk, no handling fees and management fees. Customer service is available 24/7.

Flexible mining experience

Smart mining uses advanced node mining technology. Users only need to connect their wallet to the system to generate their own computing power. Unlike the high hardware investment and difficult technical operations required for traditional mining, smart cloud mining eliminates the restrictions on pledge fees, allowing users to choose to mine or exit at any time. This flexibility greatly reduces investment risks and enhances user experience.

Security and compliance

All funds only need to be in their own wallets to start Smart Cloud Mining. There is no need to transfer to the platform. The platform does not collect personal information. All operations are based on smart contracts and blockchain technology to ensure fund security and user privacy. At the same time, it complies with compliance requirements such as Anti-Money Laundering (AML) and Know Your Customer (KYC) to provide investors with a transparent and secure experience.

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Summary

Smart mining’s node cloud mining provides investors with a stable and secure wealth appreciation channel through a decentralized structure, compliant management, and simple operation. In a market environment with frequent fluctuations, smart cloud mining has become an important choice for many investors to open the door to wealth.

For more information and details,

Welcome to visit the official website: https://3dmining.cc

Telegram channel: https://t.me/smartmining6

With smart cloud mining, you can seize new opportunities for cryptocurrency investment in 2025.

Company name: SMART MINING SERVICES LTD

Official email: SmartMining@3dmining.org

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Press Release

MK Electric Man: The Fast, First-Class Electrician Repair Company Serving Louisiana.

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United States, 13th Mar 2025 – MK Electric Man, a leading residential and commercial electrical repair service, specializes in troubleshooting power outages and providing top-quality electrical solutions. Homeowners and businesses in Metairie, New Orleans, and Kenner, Louisiana, trust MK Electric Man for expert repairs and fast, first-class service.

When you experience electrical issues such as no power, flickering or dimming lights, or circuit breakers that constantly trip, these are signs of potential problems within your electrical system. Electrical faults can pose safety hazards and disrupt daily life. That’s why it is crucial to rely on a skilled and certified electrician to diagnose and resolve the issue efficiently. MK Electric Man offers rapid response times and premium-quality repairs to ensure your electrical system is safe, reliable, and functioning at its best.

Expert Electricians You Can Trust

MK Electric Man is dedicated to providing expert electrical repair services with a strong focus on safety, efficiency, and customer satisfaction. Our team of skilled electricians is trained to handle a wide range of electrical problems, from minor fixes to complex system troubleshooting. Whether it’s a sudden power outage, an overloaded circuit, or faulty wiring, we have the expertise to restore power and keep your home or business running smoothly.

Comprehensive Electrical Repair Services

MK Electric Man specializes in diagnosing and fixing all types of electrical issues, including:

  • Power outages – Fast troubleshooting and restoration of power.
  • Flickering and dimming lights – Identifying and repairing unstable electrical connections.
  • Circuit breaker tripping – Resolving overload issues and faulty circuits.
  • Wiring repairs and upgrades – Ensuring your home or office meets electrical safety standards.
  • Panel upgrades and replacements – Modernizing electrical panels for improved efficiency and safety.

Our commitment to excellence means that every repair is completed with precision and high-quality workmanship. No job is too big or too small—our electricians handle each project with the same level of professionalism and attention to detail.

Serving Metairie, New Orleans, and Kenner, Louisiana

MK Electric Man proudly serves residential and commercial customers across Metairie, New Orleans, and Kenner. Our fast response times and dedication to customer service set us apart from other electrical repair companies in the area. We understand the urgency of electrical issues, and our skilled technicians are available to provide prompt, effective solutions that restore safety and functionality to your electrical system.

Why Choose MK Electric Man?

  • Fast, first-class service – We prioritize quick response times and efficient repairs to minimize downtime.
  • Experienced professionals – Our licensed electricians are highly trained and knowledgeable in all aspects of electrical repair.
  • Customer satisfaction guaranteed – We stand by the quality of our work and ensure that each repair meets the highest standards.
  • Affordable and transparent pricing – We offer fair pricing with no hidden fees.
  • Safety first – Electrical issues can be dangerous, and we take every precaution to protect you and your property.

If you need a reliable electrician repair company in Metairie, New Orleans, or Kenner, Louisiana, please visit http://www.neworleanselectricians.com 

About MK Electric Man

MK Electric Man is a premier electrician repair company specializing in troubleshooting power outages, circuit breaker issues, and other electrical repairs for residential and commercial customers. With a reputation for excellence and reliability, our skilled electricians provide fast, high-quality service throughout Metairie, New Orleans, and Kenner, Louisiana. Whether you need emergency repairs or routine maintenance, MK Electric Man is your trusted electrical service provider.

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